etvfutures.com
etvfutures.com November 22, 2017


Average gas prices up in Omaha, across the country

14 November 2017, 03:58 | Opal Carroll

The average price for gas has increased 3.5 cents in the central Pa. area in the past week

The average price for gas has increased 3.5 cents in the central Pa. area in the past week

AAA released a study on Monday showing the average gallon of gas in Florida cost $2.53 on Sunday.

Texas, TX, November 13- Average retail gasoline prices in Texas have risen 4.9 cents per gallon in the past week, averaging $2.30/g yesterday, according to GasBuddy's daily survey of 13,114 gas outlets in Texas.

Statewide average gas prices on November 13 have fluctuated in recent years, according to GasBuddy: the average was $2.14 per gallon in 2015, $2.98 per gallon in 2014, $3.30 per gallon in 2013 and $3.64 per gallon in 2012. Iowa's average is $2.54, gasprices.aaa.com said.

AAA found that in Rhode Island, self-serve, regular gasoline is selling for as low as $2.39 per gallon and as high as $2.70.

States with the lowest average gas prices: MS ($2.26), Alabama ($2.26), SC ($2.29), Arkansas ($2.31), Louisiana ($2.31), Texas ($2.31), Tennessee ($2.31), Virginia ($2.34), Missouri ($2.35) and Oklahoma ($2.35).

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"Our usual autumn pump price plunge was interrupted by rising oil prices", said The Auto Club Group's spokesman Mark Jenkins.

Midland Odessa- $2.50/g, up 7.1 cents per gallon from last week's $2.43/g.

AAA officials blamed much of the spike in oil prices on declining oil rig counts in the US, lower domestic inventories, production cuts and political turmoil in oil-rich Saudi Arabia where the king of that country has indicated he may abdicate the throne.

Gwinnett County was surrounded by areas that saw two of the highest price increases last week. The highest was about $2.78 per gallon in the Marquette area. "Fortunately, domestic oil supply and production made solid gains". If that becomes a trend, oil prices could drift lower and take gasoline prices with them.



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